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NookLocal
For Sale

Listing description

Up for your consideration is an amazing opportunity to own a neighborhood landmark since 1979! "El Greco Pizza and Luncheonette" The currently operating business , 4 individually deeded buildings and all equipment owned are for sale as a package deal! Included in this package deal are 1500-1502 N. 2nd take out restaurant with 2 apartments on the 1st. floor and a large 3 bd. apartment on the 2nd. and 3rd. floor and 205-207 w. Jefferson, both 2bd. houses situated at the corner of 2nd and Jefferson st's. All properties are tenant occupied on a month to month basis and can be delivered vacant. This is a turn key opportunity to own your own take out restaurant business and collect rent or divide the parcels and sell separately or build on! Take a drive by and see new construction on just about every block! Owner is retiring! Please direct all inquiries to listing agent, do not ask owner or employees any questions if you decide to stop in. Qualified buyers with proof of funds are welcome to call listing agent for more info.

Facts & features

Interior

Bedrooms
7
Bathrooms
6 full
Heating
Forced Air
Cooling
Ductless/Mini-Split

Property & construction

Property type
Residential · End of Row/Townhouse
Architectural style
Straight Thru
Year built
1915

Lot & parking

Lot size
0.02 acres (741 sq ft)

Financial

HOA dues
None

Listing details

MLS #
PAPH2632406
County
Philadelphia County
School district
Philadelphia City
Days on NookLocal
70 days

Interior features

Basement
Full
Levels
2
Accessibility
None

Exterior & construction

Construction
Masonry
Foundation
Brick/Mortar

Systems & utilities

Heating fuel
Electric, Natural Gas
Cooling fuel
Electric
Hot water
Natural Gas
Water source
Public
Sewer
Public Sewer

Parking

Parking
On Street

Community

Subdivision
OLDE KENSINGTON

Lot & zoning

Lot dimensions
15.00 x 49.00
Zoning
CMX1
Cross street
Jefferson

Included in the sale

Possession
Negotiable

Price history

DateEventPrice
Aug 18, 2026Price reduced$1,900,000
Jun 12, 2026Listed for sale$2,100,000

Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.

Estimated taxes

Recorded property taxes: $4,308 (2025 bill as recorded in the MLS).

Estimated monthly payment calculator

$380,000 (20%)
6.43%

Loan term

Estimated monthly payment

$10,451/mo

Principal & interest
$9,538
Property taxes
$359
Home insurance (est.)
$554

Taxes use the amount recorded on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.

Area statistics

School district

Philadelphia City

2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.

Safety data

Philadelphia County crime & safety numbers →

County figures from FBI and Pennsylvania source data.

Property taxes

Philadelphia County taxes, explained →

Millage, the Common Level Ratio, and what changes after you buy.

© BRIGHT, All Rights Reserved

Information Deemed Reliable But Not Guaranteed

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.

IDX listings are displayed pursuant to broker of record United Real Estate Strive 212, Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Data last updated: August 21, 2026 at 8:15 AM EDT

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